SOLARUS GROUP LIMITED

SOLARUS GROUP LIMITED

SOLARUS GROUP LIMITED - Company Information

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SOLARUS GROUP LIMITED

Company Registration Number:
05032426 (England and Wales)

Unaudited abridged accounts for the year ended 30 June 2019

Period of accounts

Start date: 01 July 2018

End date: 30 June 2019

SOLARUS GROUP LIMITED

Contents of the Financial Statements

for the Period Ended 30 June 2019

Balance sheet
Notes

SOLARUS GROUP LIMITED

Balance sheet

As at 30 June 2019


Notes
2019
2018


£
£
Fixed assets
Intangible assets:   0 0
Tangible assets: 3 34,064 27,298
Investments: 4 70,000 70,000
Total fixed assets: 104,064 97,298
Current assets
Stocks: 431,797 442,030
Debtors:   381,233 377,940
Cash at bank and in hand: 23,186 15,219
Investments:   0 0
Total current assets: 836,216 835,189
Creditors: amounts falling due within one year:   (214,538) (240,063)
Net current assets (liabilities): 621,678 595,126
Total assets less current liabilities: 725,742 692,424
Creditors: amounts falling due after more than one year:     0
Provision for liabilities:   0
Total net assets (liabilities): 725,742 692,424
Capital and reserves
Called up share capital: 7,600,000 7,600,000
Profit and loss account: (6,874,258) (6,907,576)
Shareholders funds: 725,742 692,424

The notes form part of these financial statements

SOLARUS GROUP LIMITED

Balance sheet statements

For the year ending 30 June 2019 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 15 March 2020
and signed on behalf of the board by:

Name: Mr T Soliman
Status: Director

The notes form part of these financial statements

SOLARUS GROUP LIMITED

Notes to the Financial Statements

for the Period Ended 30 June 2019

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

SOLARUS GROUP LIMITED

Notes to the Financial Statements

for the Period Ended 30 June 2019

2. Employees

2019 2018
Average number of employees during the period 7 7

SOLARUS GROUP LIMITED

Notes to the Financial Statements

for the Period Ended 30 June 2019

3. Tangible Assets

Total
Cost £
At 01 July 2018 53,197
Additions 10,352
Disposals 0
Revaluations 0
Transfers 0
At 30 June 2019 63,549
Depreciation
At 01 July 2018 25,899
Charge for year 3,586
On disposals 0
Other adjustments 0
At 30 June 2019 29,485
Net book value
At 30 June 2019 34,064
At 30 June 2018 27,298

SOLARUS GROUP LIMITED

Notes to the Financial Statements

for the Period Ended 30 June 2019

4. Fixed investments

The fixed asset investment represents an investment in Shakun Subway Limited, to operate a Subway restaurant in the city of London.